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Google Talks to Acquire Cybersecurity Startup Wiz Fall Apart

Alphabet unit Google’s talks to acquire the cybersecurity startup Wiz for a planned $23 billion have fallen apart, according to a person with knowledge of the discussions. In an email to employees sent Monday and viewed by The Wall Street Journal, Wiz chief executive Assaf Rappaport said the company is now aiming for an initial public offering. “While we are flattered by offers we have received, we have chosen to continue on our path to building Wiz.” Read More...

Alphabet unit Google’s talks to acquire the cybersecurity startup Wiz for a planned $23 billion have fallen apart, according to a person with knowledge of the discussions. In an email to employees sent Monday and viewed by The Wall Street Journal, Wiz chief executive Assaf Rappaport said the company is now aiming for an initial public offering. “While we are flattered by offers we have received, we have chosen to continue on our path to building Wiz.”

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